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A 78-year-old South Korean cryptocurrency investor donated 1 Bitcoin to Seoul University Hospital.

2 hours ago

On November 13th, as per Korean media reports, 78-year-old South Korean individual crypto investor Mr. Kim Jusik presented 1 Bitcoin to the Seoul University Hospital Development Fund, which is approximately worth 157 million Korean won. During the donation ceremony, Mr. Kim stated, "I firmly believe that Bitcoin is a novel donation tool that aligns with the trend of the times. I hope this donation can serve as an opportunity to propagate a new culture of sharing, and I also aspire to continue this form of sharing in the future." Mr. Kim is an investor with a keen interest in future technologies such as digital assets, artificial intelligence, and quantum computing. In August of this year, he also made donations of 1 Bitcoin each to the Korean Red Cross and the Seoul Metropolitan Government Social Welfare Fund. His donation to the Red Cross is the first high-value individual donation of digital assets following the permission granted by the Financial Services Commission of Korea for non-profit organizations to conduct virtual asset donation transactions for the purpose of liquidation. Seoul University Hospital will liquidate this donation in accordance with the virtual asset liquidation guidelines and utilize the proceeds for the hospital's development fund.
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